Difficulty: Easy
Correct Answer: 200%
Explanation:
Introduction / Context:
This problem checks understanding of reconstructing the simple interest rate from principal, time, and final amount, then scaling that rate as requested. The linear nature of SI makes this direct.
Given Data / Assumptions:
Concept / Approach:
SI = A - P = 2500 - 1000 = 1500. Rate r% satisfies SI = P * r * t ⇒ r = SI / (P * t). Then compute 4 * r as a percent figure.
Step-by-Step Solution:
Verification / Alternative check:
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
200%.
Discussion & Comments